GOLD HAS BOTTOMED
Good day everyone.
Gold has bottomed based on past price action. Daily MACD showing a change in direction , akin to a double bottom as well.
En route to testing 21 MA on daily, 1753. Fibo level 161.8 is around 1770 but i will taking profits early , dont want to risk losing that bag. You can always enter again after a minor correction of the pump regardless. No harm. anything after 1770, i will enter a swing trade.
Gold has bottomed based on past price action. Daily MACD showing a change in direction , akin to a double bottom as well.
En route to testing 21 MA on daily, 1753. Fibo level 161.8 is around 1770 but i will taking profits early , dont want to risk losing that bag. You can always enter again after a minor correction of the pump regardless. No harm. anything after 1770, i will enter a swing trade.
Penafian
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